Price drop, page-13

1. News Cycle - ie Terrorism in London and Melbourne
2. Shorter's - Specifically grabbing hold of the opportunity presented in point above.
2b. Stop Losses Hit - See Shorter's above
3. Whole market down - Contagion
4. Accumulation Process - Investors like Blackrock are buying, they let the market drop the price to give themselves more chance to buy up cheap.
5. June - EOFY sell off for tax purposes, ie tax loss write off.

In that order in my opinion